Skip to main content
Fachgebiete
Automobil + Motoren Bauwesen + Immobilien Business IT + Informatik Elektrotechnik + Elektronik Energie + Nachhaltigkeit Finance + Banking Management + Führung Marketing + Vertrieb Maschinenbau + Werkstoffe Versicherung + Risiko
DE
EN
Themenseiten
Organisationspsychologie Projektmanagement Marketing Smart Manufacturing
Bücher
Zeitschriften
Weitere Formate
Podcasts Webinare Technik Webinare Wirtschaft Kongresse Veranstaltungskalender Awards
Jetzt Einzelzugang starten
Zugang für Unternehmen
Referenzkunden
MTZ-Fachkongress

Antriebe und Energiesysteme von morgen


Austausch von Automobil- und Energiewirtschaft

Am 14./15. Mai geht es in Chemnitz um die Mobilitätswende durch Elektro- und Wasserstofffahrzeuge.
Erweiterte Suche
Anmelden
nach oben
Eurasian Business Review
Erschienen in: Eurasian Business Review 1/2022

01.03.2022 | Regular Article

Measuring the efficiency of an entrepreneurial ecosystem at municipality level: does institutional transparency play a moderating role?

verfasst von: Muhammad Faraz Riaz, João Leitão, Uwe Cantner

Erschienen in: Eurasian Business Review | Ausgabe 1/2022

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

This study measures the output (start-ups) of an entrepreneurial ecosystem and estimates the moderating effect of institutional transparency on the relationship between entrepreneurial ecosystem and start-ups, applied to the context of Portuguese municipalities. Using factor analysis, a composite index of entrepreneurial ecosystem is constructed. The empirical results reveal that institutional transparency catalyzes the positive effect of entrepreneurial ecosystem index on the start-ups. Nevertheless, when the individual effects of entrepreneurial ecosystem’s elements on start-ups are analyzed, the composite index of institutional transparency reveals to be non-linearly related with the output of the entrepreneurial ecosystem, denoting a negative coefficient, in the linear form, and a positive coefficient, in the quadratic form. In addition, increases in financial and economic transparency and the transparency in urban planning deter the new business formation in a municipality, whereas the municipalities where public procurement is relatively transparent are found to be attracting more start-ups. Results also suggest that by increasing the transparency in public procurement, the government can raise the number of start-ups in a municipality. The empirical findings also corroborate the thesis that the presence of higher education institutions in a municipality help to attract more start-ups.
Vorheriger Artikel University spillovers, absorptive capacities, and firm performance
Nächster Artikel Is COVID-19 anticipating the future? Evidence from investors’ sustainable orientation

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren
Anhänge
Nur mit Berechtigung zugänglich
Fußnoten
1
For more details, please consult: https://​transparencia.​pt/​.
 
2
For more details, please consult: https://​www.​pordata.​pt/​
 
Literatur
Acs, Z. J., & Mueller, P. (2008). Employment effects of business dynamics: Mice, gazelles and elephants. Small Business Economics, 30, 85–100.
Adler, P. S., & Kwon, S. W. (2002). Social capital: Prospects for a new concept. Academy of Management Review, 27, 17–40.
Agarwal, R., Echambadi, R., Franco, A. M., & Sarkar, M. (2004). Knowledge transfer through inheritance: Spin-out generation, development, and survival. Academy of Management Journal, 47(4), 501–522.
Aidis, R., Estrin, S., & Mickiewicz, T. (2008). Institutions and entrepreneurship development in Russia: A comparative perspective. Journal of Business Venturing, 23, 656–672.
Alvedalen, J., & Boschma, R. (2017). A critical review of entrepreneurial ecosystems research: Towards a future research agenda. European Planning Studies, 25(6), 887–903.
Andersson, M., & Koster, S. (2011). Sources of persistence in regional start-up rates-evidence from Sweden. Journal of Economic Geography, 11(1), 179–201.
Anokhin, S., & Schulze, W. S. (2009). Entrepreneurship, innovation, and corruption. Journal of Business Venturing, 24(5), 465–476.
Armington, C., & Acs, Z. J. (2002). The determinants of regional variation in new firm formation. Regional Studies, 36(1), 33–45.
Arrighetti, A., Seravalli, G., & Wolleb, G. (2008). Social capital, institutions and collective action between firms. In D. Castiglione, J. Van Deth, & G. Wolleb (Eds.), Handbook of social capital (pp. 220–250). Oxford University Press.
Audretsch, D. (1995). Innovation, growth and survival. International Journal of Industrial Organization, 13(4), 441–457.
Audretsch, D. B., & Fritsch, M. (1994). On the measurement of entry rates. Empirica, 21, 105–113.
Autio, E., Kenney, M., Mustar, P., Siegel, D., & Wright, M. (2014). Entrepreneurial innovation: The importance of context. Research Policy, 43(7), 1097–1108.
Bahrami, H., & Evans, S. (1995). Flexible re-cycling and high-technology entrepreneurship. California Management Review, 37, 62–89.
Baptista, R., Escaria, V., & Madruga, P. (2008). Entrepreneurship, regional development and job creation: The case of Portugal. Small Business Economics, 30(1), 49–58.
Baptista, R., Karaöz, M., & Mendonça, J. (2014). The impact of human capital on the early success of necessity versus opportunity-based entrepreneurs. Small Business Economics, 42(4), 831–847.
Baptista, R., & Mendonça, J. (2010). Proximity to knowledge sources and the location of knowledge-based start-ups. Regional Science, 45(1), 5–29.
Baumol, W. J. (1990). Entrepreneurship: productive, unproductive, and destructive. Journal of Political Economy, 98(5), 893–921.
Baumol, W. J. (1993). Formal entrepreneurship theory in economics: Existence and bounds. Journal of Business Venturing, 8(3), 197–210.
Bhawe, N., & Zahra, S. A. (2019). Inducing heterogeneity in local entrepreneurial ecosystems: The role of MNEs. Small Business Economics, 52(2), 437–454.
Bologna, J., & Ross, A. (2015). Corruption and entrepreneurship: Evidence from Brazilian municipalities. Public Choice, 165(1–2), 59–77.
Boschma, R. A., & Fritsch, M. (2009). Creative class and regional growth: Empirical evidence from seven European countries. Economic Geography, 85(4), 391–423.
Bourdieu, P. (1986). The forms of capital. In J. Richardson (Ed.), Handbook of theory and research for the sociology of education (pp. 241–258). Greenwood.
Brown, R., & Mason, C. (2017). Looking inside the spiky bits: A critical review and conceptualisation of entrepreneurial ecosystems. Small Business Economics, 49(1), 11–30.
Bruns, K., Bosma, N., Sanders, M., & Schramm, M. (2017). Searching for the existence of entrepreneurial ecosystems: A regional cross-section growth regression approach. Small Business Economics, 49(1), 31–54.
Brush, C., Edelman, L. F., Manolova, T., & Welter, F. (2018). A gendered look at entrepreneurship ecosystems. Small Business Economics, 53, 1–16.
Carbonara, E., Santarelli, E., & Tran, H. T. (2016). De jure determinants of new firm formation: How the pillars of constitutions influence entrepreneurship. Small Business Economics, 47(1), 139–162.
Carree, M. A., & Thurik, A. R. (2008). The lag structure of the impact of business ownership on economic performance in OECD countries. Small Business Economics, 30(1), 101–110.
Cohen, B. (2006). Sustainable valley entrepreneurial ecosystems. Business Strategy Environment, 15, 1–14.
Coppier, R., & Piga, G. (2006). Why do transparent public procurement and corruption go hand in hand? Rivista Di Politica Economica, 96(1/2), 185.
Cunningham, J. A., Menter, M., & Wirsching, K. (2019). Entrepreneurial ecosystem governance: A principal investigator-centered governance framework. Small Business Economics, 52(2), 545–562.
da Cruz, N. F., Tavares, A. F., Marques, R. C., Jorge, S., & de Sousa, L. (2016). Measuring local government transparency. Public Management Review, 18(6), 866–893.
Dejardin, M. (2011). Linking net entry to regional economic growth. Small Business Economics, 36, 443–460.
Del Giudice, M., Nicotra, M., Romano, M., & Schillaci, C. E. (2017). Entrepreneurial performance of principal investigators and country culture: Relations and influences. The Journal of Technology Transfer, 42(2), 320–337.
Delmar, F., & Davidsson, P. (2000). Where do they come from? Prevalence and characteristics of nascent entrepreneurs. Entrepreneurship and Regional Development, 12(1), 1–23.
Drabek, Z., & Payne, W. (2002). The impact of transparency on foreign direct investment. Journal of Economic Integration, 17, 777–810.
Estrin, S., Korosteleva, J., & Mickiewicz, T. (2013). Which institutions encourage entrepreneurial growth aspirations? Journal of Business Venturing, 28(4), 564–580.
Feld, B. (2012). Start-up communities: Building an entrepreneurial ecosystem in your city. Wiley.
Feldman, M. (1994). Knowledge complementarity and innovation. Small Business Economics, 6(3), 363–372.
Fischer, M. M., & Nijkamp, P. (1988). The role of small firms for regional revitalization. The Annals of Regional Science, 22(1), 28–42.
Florida, R. (2002). The economic geography of talent. Annals of the Association of American Geographers, 92(4), 743–755.
Forsbaeck, J., & Oxelheim, L. (2006). Transparency, capital formation and economic growth. Corporate and institutional Transparency for economic growth in Europe, 1–45.
Fritsch, M. (1997). New firms and regional employment change. Small Business Economics, 9, 437–448.
Gauthier, J. F., Penzel, M., & Marmer, M. (2017). Global startup ecosystem report 2017. Startup Genome.
Henry, N., & Pinch, S. (2000). Spatialising knowledge: Placing the knowledge community of Motor Sport Valley. Geoforum, 31(2), 191–208.
International Accounting Standards Board. (2007). International Financial Reporting Standards 2007 (including International Accounting Standards (IAS(tm)) and Interpretations as at 1 January 2007). LexisNexis.
Isenberg, D. J. (2010). How to start an entrepreneurial revolution. Harvard Business Review, 88(6), 41–50.
Isenberg, D. J. (2011). The entrepreneurship ecosystem strategy as a new paradigm for economy policy: Principles for cultivating entrepreneurship-Babson entrepreneurship ecosystem project. Babson College.
Jaffe, A. B. (1989). Real effects of academic research. The American Economic Review, 79(5), 957–970.
Keeble, D., & Walker, S. (1994). New firms, small firms and dead firms: Spatial patterns and determinants in the United Kingdom. Regional Studies, 28(4), 411–427.
Klepper, S. (2009). Spinoffs: A review and synthesis. European Management Review, 6, 159–171.
Leff, N. H. (1964). Economic development through bureaucratic corruption. American Behavioral Scientist, 8(3), 8–14.
Leitão, J., Alves, H., Krueger, N., & Park, J. (Eds.). (2018). Entrepreneurial, innovative and sustainable ecosystems: Best practices and implications for quality of life. New York: Springer.
Levie, J., & Autio, E. (2008). A theoretical grounding and test of the GEM model. Small Business Economics, 31(3), 235–263.
Leys, C. (1965). What is the Problem about Corruption? The Journal of Modern African Studies, 3(02), 215–230.
Malecki, E. J. (2018). Entrepreneurship and entrepreneurial ecosystems. Geography Compass, 12(3), e12359.
Mason, C., & Brown, R. (2014). Entrepreneurial ecosystems and growth oriented entrepreneurship. Paper prepared for a workshop of the OECD LEED Programme and the Dutch Ministry of Economic Affairs, The Hague, Netherlands, 7 November 2013.
Melton, J., Elkins, Z., Ginsburg, T., & Leetaru, K. (2013). On the interpretability of law: Lessons from decoding of national constitutions. British Journal of Political Science, 43(2), 399–423.
Micucci, G., and Nuzzo, G. (2005). La misurazione del capitale sociale: un’analisi sulle regioni italiane. F. Signorini e M. Omiccioli (a cura di), Economie locali, modelli di agglomerazione e apertura internazionale: Nuove ricerche della Banca d'Italia sullo sviluppo territoriale, Il Mulino, Bologna.
Nahapiet, J., & Ghoshal, S. (1998). Social capital, intellectual capital, and the organization advantage. Academy of Management Review, 23, 242–266.
Neck, H. M., Meyer, G. D., Cohen, B., & Corbett, A. C. (2004). An entrepreneurial system view of new venture creation. Journal of Small Business Management, 42, 190–208.
Nicotra, M., Romano, M., Del Giudice, M., & Schillaci, C. E. (2018). The causal relation between entrepreneurial ecosystem and productive entrepreneurship: A measurement framework. The Journal of Technology Transfer, 43(3), 640–673.
North, D. (1990). Institutions, institutional change and economic performance. Cambridge University Press.
North, D. C., & Thomas, R. P. (1973). The rise of the western world: A new economic history. Cambridge University Press.
O’Connor, A., & Reed, G. (2018). Theorizing the university governance role in an entrepreneurial ecosystem. Entrepreneurial ecosystems (pp. 81–100). Springer.
Ovaska, T., & Sobel, R. S. (2005). Entrepreneurship in post-socialist economies. Journal of Private Enterprise, 21(1), 8–28.
Pattueli, R., Santarelli, E., & Tabudji, A. (2020). Entrepreneurial intention among high-school students: The importance of papers, peers and neighbors. Eurasian Business Review, 10(2), 225–251.
Picci, L. (2005). Corruption measurement and control: Towards a unified approach. In IV Global Forum on Fighting Corruption, Brasília, Brazil (pp. 7–10).
Piergiovanni, R., Carree, M. A., & Santarelli, E. (2012). Creative industries, new business formation, and regional economic growth. Small Business Economics, 39, 539–560.
Powell, W., & Colyvas, J. (2008). Microfoundations of institutional theory. In R. Greenwood, C. Oliver, K. Sahlin, & R. Suddaby (Eds.), Sage handbook of organizational institutionalism (pp. 276–298). Sage Publishing.
Putnam, R. (1993). La tradizione civica delle regioni italiane. Mondadori.
Putnam, R. (2000). Bowling alone: The collapse and revival of American community. New York: Touchstone Books. Regional Studies, 28(4), 429–442.
Reynolds, P. (1994). Autonomous firm dynamics and economic growth in the United States, 1986–1990. Regional Studies, 28(4), 429–442.
Romano, M., Del Giudice, M., & Nicotra, M. (2014). Knowledge creation and exploitation in Italian Universities: The role of internal policies for patent activity. Journal of Knowledge Management, 18, 952–970.
Sato, Y., Tabuchi, T., & Yamamoto, K. (2012). Market size and entrepreneurship. Journal of Economic Geography, 12, 1139–1166.
Schillaci, C. E., & Nicotra, M. (2010). Rowing against the tide: The struggle to enhance entrepreneurship in a hostile region. In G. Dossena (Ed.), Entrepreneurship today (pp. 143–162). McGraw-Hill.
Schumpeter, J. (1934). The theory of economic development. Transaction Publishers.
Shane, S. (2009). Why encouraging more people to become entrepreneurs is bad public policy. Small Business Economics, 33(2), 141–149.
Spigel, B. (2017). The relational organization of entrepreneurial ecosystems. Entrepreneurship Theory and Practice, 41(1), 49–72.
Spigel, B., & Harrison, R. (2018). Toward a process theory of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 151–168.
Spilling, O. R. (1996). Regional variation of new firm formation: The Norwegian case. Entrepreneurship and Regional Development, 8(3), 217–244.
Stam, E. (2014). The Dutch entrepreneurial ecosystem. Available at SSRN 2473475.
Stam, E. (2015). Entrepreneurial ecosystems and regional policy: A sympathetic critique. European Planning Studies, 23(9), 1759–1769.
Stam, E. (2018). Measuring entrepreneurial ecosystems. Entrepreneurial ecosystems (pp. 173–197). Springer.
Stam, E., & Spigel, B. (2016). Entrepreneurial ecosystems and regional policy. Sage handbook for entrepreneurship and small business. SAGE.
Stam, E., & Spigel, B. (2017). Entrepreneurial ecosystems. In R. Blackburn, D. De Clercq, J. Heinonen, & Z. Wang (Eds.), Handbook for entrepreneurship and small business. SAGE.
Stangler, D., & Bell-Masterson, J. (2015). Measuring an entrepreneurial ecosystem. Kauffman Foundation series on city, metro and regional entrepreneurship. Kauffman Foundation.
Sternberg, R. (2012). Do EU regional policies favour regional entrepreneurship? Empirical evidence from Spain and Germany. European Planning Studies, 20(4), 583–608.
Van de Ven, A. H. (1993). The development of an infrastructure for entrepreneurship. Journal of Business Venturing, 8, 211–230.
Wagner, J., & Sternberg, R. (2004). Start-up activities, individual characteristics, and the regional milieu: Lessons for entrepreneurship support policies from German micro data. Annals of Regional Science, 38, 219–240.
Woodward, D. P. (1992). Locational determinants of Japanese manufacturing start-ups in the United States. Southern Economic Journal, 58, 690–708.
World Economic Forum. (2013). Entrepreneurial ecosystems around the globe and company growth dynamics. World Economic Forum.
Metadaten
Titel
Measuring the efficiency of an entrepreneurial ecosystem at municipality level: does institutional transparency play a moderating role?
verfasst von
Muhammad Faraz Riaz
João Leitão
Uwe Cantner
Publikationsdatum
01.03.2022
Verlag
Springer International Publishing
Erschienen in
Eurasian Business Review / Ausgabe 1/2022
Print ISSN: 1309-4297
Elektronische ISSN: 2147-4281
DOI
https://doi.org/10.1007/s40821-021-00194-w

Weitere Artikel der Ausgabe 1/2022

Eurasian Business Review 1/2022 Zur Ausgabe

Regular Paper

Is COVID-19 anticipating the future? Evidence from investors’ sustainable orientation

Regular Article

R&D, innovation and firm survival in Chinese manufacturing, 2000–2006

Regular Article

Quality of pro-market national institutions and firms’ decision to invest in R&D: evidence from developing and transition economies

Regular Article

Employment effects of R&D and process innovation: evidence from small and medium-sized firms in emerging markets

Regular Article

University spillovers, absorptive capacities, and firm performance

Regular Paper

Top R&D investors, structural change and the R&D growth performance of young and old firms